Budget Calculator
Plan your monthly budget using the 50/30/20 rule. Allocate your income to needs, wants, and savings.
Housing, food, utilities, insurance, transportation
Entertainment, dining out, hobbies, subscriptions
Savings & Debt: 20%
Emergency fund, investments, extra debt payments
Based on the 50/30/20 budgeting rule. Adjust percentages to match your situation.
The 50/30/20 Budget Rule
The 50/30/20 rule is a simple budgeting framework. Allocate 50% of your after-tax income to needs (housing, food, utilities), 30% to wants (entertainment, dining out), and 20% to savings and debt repayment. Adjust the percentages based on your personal circumstances and financial goals.
How to Use This Calculator
Enter your monthly after-tax income and adjust the percentage sliders to match your situation. The calculator instantly shows how much you should spend in each category. Use these numbers as guidelines when creating your detailed monthly budget.
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